Karachi, July 19, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) on Saturday declared the countrywide shutter-down a “resounding success,” terming it a united stand against the unjust and anti-business taxation measures introduced through the Finance Act, 2025.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
-
FPCCI, government resolve tax dispute; no strike on July 19
Karachi, July 19, 2025 – In a major development, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday declared that there will be no strike on July 19, following fruitful negotiations with the federal government over the controversial tax clauses introduced in the Finance Act, 2025.
(more…) -
Govt refuses assurance, traders launch July 19 tax strike
Islamabad, July 18, 2025 – The federal government has flatly refused to yield to mounting pressure from the business community, which has announced a full-blown strike on July 19 to protest against what they call oppressive tax laws imposed through the Finance Act, 2025.
(more…) -
July 19 strike gains overwhelming support: KCCI
Karachi, July 18, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has announced that the nationwide shutter-down strike scheduled for July 19, 2025, has received overwhelming and unprecedented support from industrial zones, trade bodies, retail markets, and business associations across Pakistan.
(more…) -
PM Shehbaz forms high-level committee before July 19 tax strike
Islamabad, July 17, 2025 – Prime Minister Muhammad Shehbaz Sharif has constituted a high-powered committee to resolve concerns related to the Finance Act, 2025 ahead of scheduled strike on July 19, 2025.
(more…) -
KCCI stands firm on July 19 nationwide shutter-down strike
Karachi, July 16, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has reaffirmed its unwavering commitment to the nationwide shutter-down strike scheduled for Saturday, July 19, 2025.
(more…) -
Unpacking Section 37A: Fair Enforcement or Fear Tactic?
Section 37A of the Sales Tax Act, 1990 introduces robust mechanisms to tackle tax fraud through structured inquiries, investigations, and—when warranted—arrests. While some critics have expressed concern over the powers granted under this provision, a deeper analysis reveals that Section 37A is designed to act as a powerful deterrent against tax fraud rather than a tool to harass honest taxpayers.
(more…) -
Govt sets up high-powered committee to avert July 19 strike
Islamabad, July 15, 2025 – In a decisive step to prevent a nationwide business shutdown, the federal government has formed a high-powered committee to address the grievances of traders and industrialists arising from Section 37A of the Finance Act 2025.
(more…) -
Section 11E gives FBR big teeth in sales tax recovery
Karachi, July 15, 2025 – The Federal Board of Revenue (FBR) has been armed with unprecedented powers under the newly amended Section 11E of the Sales Tax Act, 1990 — a legislative shift that is set to dramatically reshape the landscape of tax enforcement in Pakistan.
(more…) -
SITE Association endorses July 19 strike, slams tax laws
Karachi, July 14, 2025 – The SITE Association of Industry, Karachi, has thrown its weight behind the Karachi Chamber of Commerce’s call for a nationwide strike on July 19, in protest against controversial tax laws introduced through Sections 37A and 37B of the Finance Act, 2025.
(more…)